kabutan

KITANIHON SPINNING CO.,LTD, First Half Ordinary Profit Loss Widened in Downward Revision

Wed Nov 13, 2024 4:00 pm JST Revision

3409 KITABO CO.,LTD 【J-GAAP】

Guidance Update Report

KITANIHON SPINNING CO.,LTD <3409> [TSE-S] announced a performance revision after the market closed on November 13th (16:00). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised downward from an expected loss of 15 million yen to a loss of 38 million yen (compared to a profit of 2 million yen in the same period of the previous year), indicating an expansion in the loss margin.

Furthermore, the full-year ordinary loss forecast remains unchanged from the estimate of loss of 6 million yen(compared to a loss of 42 million yen in the previous period).

Kabutan News

Guidance Update

First Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Prev 697 -19 -15 -18 -0.9 0 May 14, 2024 J-GAAP
Apr - Sep, 2024 New 768 -35 -38 -40 -1.9 0 Nov 13, 2024 J-GAAP
Revision Rate +10.2% -84.2% -153.3% -122.2% -121.2%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 628 -14 2 1 0.1 0 Nov 14, 2023 J-GAAP
Apr - Sep, 2024 Guidance 768 -35 -38 -40 -1.9 0 Nov 13, 2024 J-GAAP
YoY +22.3% -150.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 1,185 -154 -92 -271 -15.5 0 May 15, 2023 J-GAAP
Mar, 2024 1,307 -61 -42 -115 -5.9 0 May 14, 2024 J-GAAP
Mar, 2025 Guidance 1,462 -15 -6 -12 -0.5 0 May 14, 2024 J-GAAP
YoY +11.9% +75.4% +85.7% +89.6% +91.9%

Related Articles